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Ping An, Shenzhen bank in tie-up talks

By Wang Bo | China Daily | Updated: 2009-06-09 08:06

Ping An, Shenzhen bank in tie-up talks

Pedestrians walk past a Ping An Insurance (Group) office in Shenzhen. Bloomberg News

Trading in shares of Ping An Insurance (Group) of China, the nation's second largest insurance firm, has been suspended on the Shanghai bourse after surging nearly 14 percent last week on rumors that it was acquiring a Shenzhen-based bank.

Ping An, Shenzhen bank in tie-up talks

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